Silver / U.S. Dollar (per 0.1)Silver / U.S. Dollar (per 0.1)Silver / U.S. Dollar (per 0.1)

Silver / U.S. Dollar (per 0.1)

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Silver / U.S. Dollar (per 0.1) forum


XAGUSD SILVER
Silver Holds Ground on Fed Inflation Warnings
Silver is hovering near $38 during Thursday’s Asian session as markets digest U.S.-EU trade developments and Fed inflation commentary.

President Trump said deals with the EU and India are within reach, softening immediate trade fears. Still, the potential August 1 tariffs and inflationary risks continue to support silver’s appeal as a safe-haven asset.

Fed officials Williams and Bostic noted that although tariff impacts are modest now, they expect rising inflationary pressure in the coming months.

Resistance is at 38.50, while support holds at 37.20.

SILVER Gold Price Forecast: XAU/USD approaches weekly lows at $3,320

Gold (XAU/USD) is trading lower on Thursday, weighed by a stronger US Dollar, with risk appetite subdued amid ongoing uncertainty about global trade and rumours about the resignation of the Fed Chair Jerome Powell.The precious metal retreats from Monday’s highs at $3,375, but price action remains c


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Snapshot


XAGUSD So it's not gonna respect this monthly wick/high from 2011?
Snapshot



SILVER there maybe more bargain hunting if it drops as low as 28 however, it may explode upwards from here as well. Will you wait and possibly miss an opportunity or will you just take action now?

SILVER has touched twice but has not broken or retested the trend line. Waiting the for that to happen then we go in with a buy.